Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 14. REGULATION OF MOTOR VEHICLES AND TRANSPORTATION |
Subtitle A. REGULATIONS RELATED TO MOTOR VEHICLES |
Chapter 2303. VEHICLE STORAGE FACILITIES |
Subchapter D. PRACTICE BY LICENSE HOLDER |
Sec. 2303.156. PAYMENT BY LIENHOLDER OR INSURANCE COMPANY
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(a) A lienholder who repossesses a vehicle delivered to a vehicle storage facility is liable to the operator of the facility for any money owed to the operator in relation to delivery of the vehicle to or storage of the vehicle in the facility regardless of whether an amount accrued before the lienholder repossessed the vehicle.
(b) An insurance company that pays a claim of total loss on a vehicle in a vehicle storage facility is liable to the operator of the facility for any money owed to the operator in relation to delivery of the vehicle to or storage of the vehicle in the facility regardless of whether an amount accrued before the insurance company paid the claim.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.